Sumant Kathpalia News - Latest Updates & Headlines
Moody's places IndusInd bank credit assessment on review for downgrade
New Delhi, March 18: Concerns over internal control discrepancies in derivative accounts and retail loan stress of IndusInd bank has prompted rating agency Moody's to place the bank's baseline credit assessment under review for downgrade.
IndusInd Bank's stock tanks over 27 pc, erases over Rs 19,500 cr in market value
Mumbai, March 11: IndusInd Bank's share price plummeted 27.06 per cent on Tuesday, closing at Rs 656.8 apiece, as the lender's internal review projected an adverse impact of approximately 2.35 per cent on its net worth (as of December 2024).
IndusInd Bank's stock hits 20 pc lower circuit, erases Rs 14,000 cr in market value
Mumbai, March 11: IndusInd Bank shares were locked in a 20 per cent lower circuit on Tuesday as the lender's internal review projected an adverse impact of approximately 2.35 per cent on its net worth (as of December 2024).